China’s Two Sessions: what are the meetings and why do they matter?

AI Summary
China's annual Two Sessions meetings, involving the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC), convene in Beijing this week. Thousands of delegates gather to ratify legislation, personnel changes, and the budget. The NPC acts as the legislative body, while the CPPCC serves in an advisory role. Key events include work reports and the setting of economic targets and military budgets. This year's focus is on the 15th five-year plan (2026-2030), emphasizing boosting domestic demand and technological advancement to reduce economic reliance on the US. The meetings occur amidst a shakeup in the People's Liberation Army (PLA) leadership due to corruption investigations.
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